Booming Countertops, Tile and Lighting Design and Install Company
ASKING PRICE: $2,390,000
LOCATION: Durango, Colorado
GROSS REVENUE: $3,600,000
CASH FLOW: $483,000
EMPLOYEES: 18 FT
YEAR ESTABLISHED: 1992
FFE: $200,000 (Included in price: Yes)
Market leading company focusing on design and installation of countertops, tile, flooring, lighting and shower doors in Southwest Colorado. With a 30-year history, in addition to its stability/longevity, the company’s strengths are its breadth of products/services, 9,000 sf showroom and on-site slab yard, highly trained staff, extensive customer base, and unmatched reputation for customer service and top-level quality. As a consequence, the majority of the company’s business comes from repeat customers. In-migration and second homeowners are driving growth in the entire Southwest Colorado area.
Leased 9,000 sf/1 acre showroom, shop, warehouse and slab yard.
The company has an extremely high referral rate, with most of the company’s business coming from word of mouth and established relationships with contractors, which minimizes head-to-head competition. No other company offers their breadth of products/services, including countertops, tile, lighting and shower doors in one showroom.
Company is growing with the organic population growth in Southwest Colorado, which is experiencing a boom in both full-time and 2nd homeowners. A new owner may also mine the existing customer base for upgrades/additions, as well as expand the geography served and/or add products, such as cabinets and window coverings.
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations. The owner genuinely desires an effective business transition that is seamless to customers and the new owner.
The Seller will entertain offers of varying financial and legal structures.